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New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.

Hyundai Veloster Race Game in Times Square (video)

Hyundai Veloster Race Game in Times Square Hyundai has set up their LED screen in New York’s Times Square so passers-by can play a race game from an iPhone app. You’ve got to hand it to Hyundai – they certainly know how to raise awareness and hit the Zeitgeist. From the modern day equivalent of Lada and Yugo to a serious threat to car makers from Europe and Japan in less than a decade, it’s not just their cars that have come a long way – their PR has too.

Holden to build new Astra-based car in 2010

Holden to build new Astra-based car in 2010 By Ben Pulman First Official Pictures 23 December 2008 16:31 Holden will start building an all-new small car in Australia from 2010. It’ll be based on GM’s Delta small car platform, which underpins the new Vauxhall/Opel/Saturn Astra and Chevrolet Cruze, and this solitary teaser picture reveals next-gen Astra design cues grafted onto a three-box saloon shape. No.